A Tough Stock Market Today, This Month and This Year for Korea
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Most Asian stocks have had some kind of revival after the U.S. and China reached a trade truce at the G-20 meeting last month. But for South Korea, it keeps getting worse.
The negative superlatives are piling up for the benchmark Kospi index: It’s the worst-performing market in the region today and this month. It’s the second biggest loser for the year. It also briefly erased it’s year-to-date gains in May.